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Newly Constructed Wendy's Restaurant
For Sale
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1022 E Wishkah Street, Aberdeen, WA 98520

Newly constructed Wendy’s on a corporate ground lease with 13+ years remaining and multiple renewal options.

Property SizeContact for details
Days on Market122

Property Features for 1022 E Wishkah Street

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes
Listing Agency: Northmarq
Listed By: Sean Mack · License #OR 990100161
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 10:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq

Investment Insights

Based on property information with market context.

The offering provides the opportunity to acquire a newly constructed Wendy’s on a corporate ground lease. Wendy’s has 13+ years remaining on its primary term, along with four, five-year options that automatically extend.

The property is positioned with prominent, highly visible frontage on U.S. Route 12, a major east-west highway connecting greater Puget Sound and Central Washington. The site is described as the only Wendy’s in the submarket.

The location also benefits from increased draw to the trade area, with a Walmart Supercenter, Tractor Supply, and Ross Dress for Less directly across the street, along with nearby schools.

Key Highlights

  • Newly constructed Wendy’s on a corporate ground lease
  • 13+ years remaining on the primary term with four, five‑year options that automatically extend
  • Frontage on U.S. Route 12, a major east‑west highway connecting to greater Puget Sound and Central Washington

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Catering Service Veterinary Clinic Kitchen & Bath Showroom Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

525
Businesses Nearby
373k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 40% Superstores 23% Apparel 18% Shops & Services 9%
Walmart Superstores
84,382 visits/mo 0.2 miles
McDonald's Dining
29,075 visits/mo 0.1 miles
Marshalls Apparel
28,610 visits/mo 0.2 miles
Taco Bell Dining
23,116 visits/mo 0.1 miles
Ross Dress for Less Apparel
22,936 visits/mo 0.2 miles

Demographics for 98520, WA

24,086
Population
9,333
Households
2.6
Avg Household Size
41
Median Age
14%
College-Educated
89%
High-School Grad
217.5 sq mi
ZIP Area
111
Density / Sq Mi
$59,744
Median Household Income
$34,591
Median Earnings
$1,034
Median Rent
$237,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Newly constructed Wendy’s on a corporate ground lease with 13+ years remaining and multiple renewal options.
Where is this retail space located?
The property is located at 1022 E Wishkah Street Aberdeen, WA.
What are key features of this property?
This property features: Newly constructed Wendy’s on a corporate ground lease; 13+ years remaining on the primary term with four, five‑year options that automatically extend; Frontage on U.S. Route 12, a major east‑west highway connecting to greater Puget Sound and Central Washington
More about this property
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